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Is MLP heading for a slide? 50 Day Moving Average Resistance shows up after sliding 1.6%
On Monday, July 20th, MLP moved down 1.6% while volume was to 0.9× the usual levels. 50 DMA Resistance was spotted, which could indicate a shift in momentum. Key support levels exist at 16.34, 16.11 & 15.71, with resistance at 16.97, 17.37 & 17.6.
Current SwingTradeBot Technical Rating of MLP: D
This might just be the start. See what else showed up for MLP today.
Read full article here »